McEwen Secures Key Permit to Restart El Gallo Gold Mine

Reuters2025-12-24
McEwen Secures Key Permit to Restart El Gallo Gold Mine

McEwen Inc. has secured a key permit for its El Gallo Mine in Mexico, receiving an extension of its Environmental Impact Assessment from the Mexican government. This approval allows the company to move forward with Phase 1 mill construction, scheduled to begin in mid-2026, with the first gold pour targeted for mid-2027. The company has already purchased and delivered the ball mill to the site and has begun preparations for Phase 2, which will focus on silver production from in-situ deposits, potentially extending the mine's operational life beyond the initial 10 years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. McEwen Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-124286), on December 23, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment